Investment & Finance

Cuba, Vietnam ink several agreements to strengthen relations

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The presidents of Cuba, Miguel Diaz-Canel, and Vietnam, Nguyen Xuan Phuc, today led the signing of several agreements that strengthen bilateral ties in different sectors of the economy, health and society.

Illustrative photo.

Illustrative photo.

The signing ceremony took part at the Government's Palace after the two leaders held fruitful talks as the two sides described them.

Phuc and Diaz-Canel agreed bilateral relations are excellent and conveyed their willingness to continue fostering the political dialogue, boosting cooperation on all fields and coordinating positions at international fora.

One of the agreement is an action plan to carry out a bilateral economic agenda in the medium term for the period 2021-2025, which was signed by Minister of Foreign Trade and Investment Rodrigo Malmierca and the Vietnamese Minister of Construction, Nguyen Thang Nghi.

Also a memorandum of understanding on cooperation between the Ministries of Health of the two nations was signed by the Cuban Minister of Health José Angel Portal, and Vietnamese Deputy Minister Tran Van Thuan.

Also signed was the cooperation program for the period 2022-2023 between the ministries of Justice, ratified by the minister of the Caribbean nation, Oscar Manuel Silvera, and the Vietnamese deputy minister of that area.

An action plan was also signed between the Cuban Ministry of Food Industry and the Vietnamese Ministry of Agriculture and Rural Development on the project to support the development of aquaculture in the island.

Completing the group of agreements was a memorandum of understanding on cybersecurity cooperation between the Cuban Ministry of Communications and the Vietnamese Ministry of Information and Communication, signed by the heads of both agencies.

Other agreements and memorandums of understanding for the common development of biotechnology had also been adopted on Saturday, and on Sunday the two nations' diplomatic academies also inked a cooperation agreement.

The visiting dignitary held meetings with the head of the National Assembly of People's Power (parliament), Esteban Lazo, and Prime Minister Manuel Marrero, in which both sides ratified the good state of bilateral relations and reaffirmed the willingness to strengthen cooperation in various areas.

Nguyen Xuan Phuc was conferred the Jose Marti Order, the highest award bestowed to foreign dignitaries for outstanding work in fostering relations with Cuba.

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